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LONG TERM ASSET ASSET: FOOD TRUCK ASSET COST $35,000 INTEREST ON TRUCK LOAN $450 ACCUMULATED DEPRECIATION $6,600 PREPAID INSURANCE $2,300 BOOK VALUE $ Based on

LONG TERM ASSET ASSET: FOOD TRUCK ASSET COST $35,000 INTEREST ON TRUCK LOAN $450 ACCUMULATED DEPRECIATION $6,600 PREPAID INSURANCE $2,300 BOOK VALUE $ Based on the information above, the book value of the food truck is __________. a.) $31,150 b.) $25,650 c.) $44,350 d.) $28,400

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